Stockholm, April 29, 2025 (AFP) - Spotify posts record profit in first quarter

NAMPA / AFP

2025-04-29

Music streaming giant Spotify on Tuesday reported a 12-percent rise in paying subscribers in the first quarter to 268 million, along with a record operating profit. "The underlying data at the moment is very healthy: engagement remains high, retention is strong, and thanks to our freemium model (of free and paying users), people have the flexibility to stay with us even when things feel more uncertain," Spotify chief executive Daniel Ek said in a......

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